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Fri 22 Jun 2001, 0:00 Nedcor Cautionary Announcement
Nedcor Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/010630/06)
("Nedcor")
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that Nedcor is considering, in consultation with
Dimension Data Holdings plc ("Dimension Data"), its possible courses of
action relating to its investment in Dimension Data, the outcome of which
may have an effect on the price of Nedcor's shares.  Accordingly,
shareholders are advised to exercise caution when dealing in their Nedcor
shares until a further announcement is made.
Johannesburg
22 June 2001
INVESTMENT BANK AND JOINT SPONSOR
  Nedcor Investment Bank Limited
  (Registration number 1955/003181/06)
CORPORATE LAW ADVISERS AND CONSULTANTS
  Edward Nathan & Friedland (Pty) Ltd
  (Registration number 1999/026464/07)
JOINT LEAD SPONSORS
  UBS Warburg Corporate Finance South Africa (Pty) Ltd
  UBS Warburg is a financial services group of UBS AG
  (Registration number 1994/008363/07)
  Merrill Lynch South Africa (Pty) Ltd
  Registration number 1995/001805/07
  Member of the JSE Securities Exchange South Africa
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